Supreme Court Rules Punitive Damages Taxable in Some Cases
The Supreme Court, in a 6-3 decision, holds some punitive damages are taxable income not paid for personal injuries. The ruling affects unresolved IRS challenge cases and follows a Congress amendment last August clarifying future punitive awards as taxable.
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Washington
Supreme Court
IRS
Congress
Faron Young Dies by Gunshot in Suspected Personal Tragedy
Country star Faron Young 64 died from a gunshot at his Nashville home. A note of self harm was found with him. Known for Hello Walls and Sweet Dreams, he had recent health worries and low spirits.
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Nashville
Tenn
Faron Young
Willie Nelson
Young
FDA chief touts faster drug approvals and shorter reviews
In his state of the FDA address FDA Commissioner David Kessler reported that the agency approved 46 of the 121 drugs labeled breakthrough in fiscal 1996 and cut average review time to about 15 months from 30. He defended accelerated reviews amid GOP critics while noting safety remains paramount.
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Los Angeles Times
Washington
Food and Drug Administration
FDA
David Kessler
Food and Drug Law Institute
Kessler
Thomas Bliley Jr
R-Va
House Commerce Committee
Bliley
Studies show 6 million U S children in poverty in 1994
Two new studies from Columbia University and the U S Census Bureau reveal that about 6.1 million children under six lived in poverty in 1994 with 4.8 million near the poverty line. The reports highlight demographic gaps and employment status shaping child hardship.
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Washington
Hidden-camera suit tests limits of undercover reporting
Food Lion sues ABC for 2.5 billion dollars over a PrimeTime Live exposé alleging rat gnawed cheese and spoiled chicken. The case questions reporters right to pose as employees and whether undercover methods justify fraud and trespass claims.
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Greensboro
N.C
Food Lion
ABC
Robert Sack
Simpson defense argues frame up amid blood evidence gaps
O J Simpson's lawyers pressed a frame up theory as they questioned blood evidence and the packaging of crime scene blood. They alleged 1.5 milliliters vanished from a sample and questioned a blood stain found months later in Simpson's Bronco. A video shown during cross examination suggested a gap in foliage where a bloody glove lay.
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Los Angeles Times
Santa Monica
Calif
O.J. Simpson
Simpson
Nicole Brown Simpson
Ronald Lyle Goldman
Fied
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